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Money saving tips


Banking and bills

  • Keep your bank statements and bills as a record of everything you spend - this helps identify regular/occasional spending patterns. Keep all paperwork relating to your finances in one place
  • When opening a student bank account, look at what deals the bank will provide on overdrafts and how long these will last after graduation.  Have a look at the top 10 student bank accounts for 2017/18, compiled by Save The Student
  • If you need to borrow, use only interest-free overdraft facilities
  • If you don't feel you are getting the best deal with your bank account, you can change to a different bank at any time, so long as you are within your overdraft limit (you can only have one student bank account)
  • Consider setting up standing orders/direct debits - this can help you to plan and make consistent regular payments to all the places you need to without worrying about missing payment dates
  • Try to get a 'pay as you go' mobile phone so that you can keep a better track of how much you are spending on it. Also, try and use a landline as often as possible as these are cheaper
  • Check out the 16-25 railcard for cheaper rail travel, or consider travelling by coach.



  • See if you could save money on your energy bills by changing your provider. Check websites such as uSwitch or Money Supermarket.
  • If you live in a shared house make sure all the tenants' names are on the bills such as gas and electricity, so that if anything goes wrong you are not the only one left to pay the whole bill
  • Information, help and advice on getting the best energy deal for you can be found on the Citizens Advice Bureau website
  • See the gas guide, electricity guide and water guide for lots of energy saving tips that will help you save money
  • Be environmentally friendly, for example, by turning off lights when you are not in the room, this will help the planet and your bills.

Food shopping

  • Plan meals for the week ahead before you go shopping, and write a shopping list to prevent too much impulse buying
  • Supermarket own brands and value ranges are much cheaper than the more well known brands
  • Avoid buying fresh fruit and vegetables when they are out of season as they will be much more expensive. Fruit and vegetables are a lot cheaper to buy from local markets than supermarkets.  Pre-packaged fruit and veg can be more expensive
  • Look out for special offers, but don't buy things that you'll never eat just because it's cheap
  • Try going to supermarkets or local markets shortly before they close, as they will be marking down food which they will be unable to sell the next day
  • If you can afford to bulk buy, you can save money and time by making up extra portions of food and freezing them for a later date. Not only is this a good way of saving money but when you are in a hurry, or can't be bothered to cook, it is just as good as buying ready meals. When you do this make sure you label the food with what it is and when it was frozen
  • Processed food is more expensive because you are paying to have it processed for you. It is much cheaper to buy basic ingredients and make meals yourself
  • When visiting your local supermarket, take advantage of 'buy one get one free' offers, particularly on goods with a long 'sell by' date. If you live in a shared house, buy items in bulk that you will all use, e.g. toilet paper
  • Take advantage of the discounts available to students.


  • When putting leftovers in the fridge or freezer make sure they have cooled down completely. Also, make sure that you reheat leftovers thoroughly before eating
  • is great resource for some delicious recipes on a budget.
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